together4everrr asked:


This news event should be fairly recent (within 6 months). Also, I am going to need a lots of financial articles about the event…I would also like to know if the market is efficient , semi-strong efficient, weak-form efficient or inefficient…
Actually I dont know the company name. I was trying to find out if there is a company in past 6 months that had a big news event…and once I know the company and the news event I can do the research myself…I kinda need it now rather than waiting for a news to happen…

AMADO

Askepios asked:


I know ive heard alot bad talk on the news right now about the housing industry and how bad things are right now in real estate and how countrywide just took 11billion dollars out in loans. But yet they just built this huge new shiny building in my town and are hiring HEAVILY in my area.

They are hiring so heavily they are hiring me with just 4 years of retail experience and the requirments for this position required a bachelors degree in finance or economics and 3-5 years of real estate experience.

They are offering me 2000/month base salary and commission ontop of that. Which they tell me some of the guys there have easily made over 10,000 a month with hard work and dedication.

How can I say no to a job like this? And if the company goes into bankruptcy what will happen to someone at my position? The company just doesnt shut down does it? I need your advices on this please! And if anyone out there has experience as a loan officer with countrywide let me know your advice!

TODD

Roger asked:


The American people live in a repressive and corrupted regime with low wages, poor health and education services. Fraud, lies, financial and military scandal are in the news everyday. What are they waiting for?
Reading from the first 34 answer it seems that contentment with mediocrity and lack of ambition are two answers. It may be bad here but it is worst elsewhere so it’s ok. Some seems to have a good life, which I am sure they have, and prefer to turn a blind eye on what is going on in their country or are ready to condone anything just for the sake of patriotism. Come on… give me more.

LOIS

n0spam4me asked:


There was a small country that had SERIOUS financial problems because of mass numbers of Pyramid scam type “businesses” that had sprung up in that country and it nearly ruined their economy.
Anybody have any sort of reference to this?
I think it was one of the Baltic states but then again I could be wrong.
sorry about that….
Thank You so much!
Is there any pointer to the news bit about this?
Albania finachle crissis?
Thank You so much!
Is there any pointer to the news bit about this?

KIM

blphnx asked:


Forbes magazine said the United States is now facing perhaps the worst financial crisis since the banking panic that former President Franklin Roosevelt faced in 1933.

To help grease the financial plumbing Monday, the Federal Reserve pumped a total of $70 billion ($50 billion and then another regularly scheduled $20 billion were injected in temporary reserves) into the nation’s financial system through open market operations to help ease credit stresses.

Lehman Brothers, the country’s fourth-largest investment bank, filed for bankruptcy protection. A weakened Merrill Lynch, deciding it couldn’t go it alone anymore, found help in the arms of Bank of America. Now, the insurance giant American International Group (AIG) is dangerously wobbling. Against this backdrop, Wall Street on Monday plunged 500 points, the most since the September 2001 terror attacks.

“Fed pumps $70B into nation’s financial system”
http://news.yahoo.com/s/ap/20080916/ap_on_bi_ge/fed_credit_crisis

“Wall Street is now at the mercy of Washington.”

“Facing reporters at the White House on Monday, Wall-Street-titan-turned-Treasury-Secretary Henry Paulson deflected questions about whom to finger for the meltdown, saying simply: “I’m playing the hand that was dealt to me.” So is Wall Street, and it’s folding.”

“No matter who’s elected, the next administration might have a much easier job of watching over the investment banking industry simply because it will be so tiny.”

http://news.yahoo.com/s/politico/20080916/pl_politico/13486;_ylt=AkuWHsbzw.Qro8y4ZaffrHms0NUE

On the trail… latest from our future leadership…

McCain: Fundamentals of Economy Remain Strong
On the campaign trail, Senator John McCain said that the fundamentals of the economy remain strong.

Sen. John McCain: “You know that there’s been tremendous turmoil in our financial markets and Wall Street. And it is—people are frightened by these events. Our economy, I think, still, the fundamentals of our economy are strong, but these are very, very difficult time. And I promise you we will never put America in this position again. We will clean up Wall street. We will reform government. And this is a failure.”

Senator Barack Obama accused McCain of subscribing to the same economic philosophy as President Bush.

Sen. Barack Obama: “For eight years, we’ve had policies that have shredded consumer protections, that have loosened oversight and regulation and encouraged out-sized bonuses to CEO’s while ignoring middle-class Americans. The result is the most serious financial crisis since the Great Depression. And I certainly don’t fault Senator John McCain for these problems, but I do fault the economic philosophy he subscribes to, because it’s the same philosophy we’ve had for the last eight years.”

All this has been happening since yesterday when the stock market dropped over 500 points and the ripple effect being felt around the world. Economists are all warning us this is a huge problem, it may be hard to get loans for cars, houses, etc. The state of the economy could get exponentially worse. People are being encouraged to withdraw from the banks and sell their stocks, etc.

I wrote about this last night (per FDIC not being able to deal with the trillion dollars potentiall at risk, etc.), and got some very interesting answers, please refer to that too for some keen insight and additional information…
Is American in trouble? Are bank deposits for once at risk?
http://answers.yahoo.com/question/index;_ylt=Api3DBdrJ1_y2c_kH0Rmw9Xsy6IX;_ylv=3?qid=20080915212838AAJlEea

What I want to know is… Are we really in this deep of trouble, What the economists are saying.???..

“Once in century kind of phenomenon!”
“This is the financial storm of the century!”
“Congress must recapitalize FDIC immediately!”
“1 trillion at risk, FDIC can only cover $50 billion!”, etc…

Someone please explain what is going on and what is going to happen, or your opinions on this please.

ANNABELLE

SilverSky asked:


Most financial news sites have delayed news or do not pick up company/stock, analyst upgrades/downgrades news at all.

What is the best, free, most complete real-time financial news provider?

PATTIE

bob asked:


I just saw the end of a news report on tonight showing Rezko in a courtroom and reporting he’s trying to work a deal. Isn’t this who got Obama an incredibly sweet deal on his mansion, and bought the property adjacent to it at the same time?

ELEANORE

oimwoomwio asked:


http://news.yahoo.com/s/ap/financial_meltdown

Also, what do y’all think about the fact that the total bailout thus far totals more like $3 trillion?

What do you think Joe the Plumber thinks about it, or was he just the smokescreen?

CORRINE

Josepha asked:


…nothing more than disguised advertise
It seems that most news articles are driven towards influencing us rather than informing of us of something. This includes pretty much everything — articles on politics, consumer products, financial markets, global warming, and so forth. If advertising (and hence money) is driving these articles, are these articles just nothing more than disguised advertising?

SHELBY

Proud Human asked:


I was going to college part time and was paying for my tuition. Now I am not working that much. I am eligible for Financial Aid but I am not sure if part time students are eligible for book cost under financial aid. If you guys have any news on this, it would be appreciated.

DEL